2015News

CDEEE to open power supply tenders

The Dominican Public Electricity Corporation (CDEEE) has announced plans to issue tenders for purchasing power supplies for the government-owned power distribution companies. The tender will be open to local and foreign companies. The executive vice president of the CDEEE, Ruben Jimenez Bichara, announced that expressions of interest in participating in the tender are being received …
2015News

Cash-strapped Venezuela could sell DR refinery

According to reports, negotiations are underway between the Venezuelan authorities and Dominican businesspeople for the purchase of Venezuelan shares in the Dominican National Refinery. The refinery used to be co-owned with Shell before it sold out to the Dominican Republic. The refinery controls around 60% of the fuel market in the Dominican Republic. Venezuela owns …